Intellectual Property Revenue
PROFIT: From Your Inventions, Brand Recognition, Creativity, Ingenuity….
A well written and favorably negotiated license agreement is essential to achieving the full value of your intellectual property.
We have the tools to help you generate revenue from your intellectual property. Your investments to develop and protect your intellectual property deserve to be rewarded. With prudent legal counseling, our attorneys enable you to produce and sell products yourself or to obtain royalties from other companies utilizing your intellectual property.
Obtaining Royalties
License Agreements
We prepare license agreements to provide you with royalties while you retain ownership of your intellectual property. A well written and favorably negotiated license agreement is essential to achieving the full value of your intellectual property. Our attorneys negotiate the terms of license agreements on your behalf to seek the best deal and to ensure that your interests are protected in the transaction.
Depending on the type of intellectual property you own, our attorneys will prepare patent license agreements, trademark license agreements, or copyright license agreements. We can structure deals as exclusive license agreements or nonexclusive license agreements to encompass the terms you intend. Once you let us know what you want from the transaction, we make that happen with legally enforceable license agreements.
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Assignment Agreements
When you want to sell or acquire all intellectual property rights involved in a transaction, we provide you with an assignment agreement. Assignment agreements provides a way to achieve the full value of your intellectual property in a single transaction. We negotiate favorable terms for you and structure our assignment agreements for your maximum advantage.
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Non-Disclosure Agreements (NDAs)
One size does not fit all when it comes to effective Non-Disclosure Agreements. Parties often refuse to sign generic NDAs because they contain objectionable terms and obligations. A properly customized NDA is much more likely to be signed by another party.
We prepare affordable NDAs that are specially tailored to the parties involved and to the scope of confidentiality you actually need. With well written NDAs, we provide you with an effective way to protect your confidential information under contract law and trade secret law.
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Commercializing Your Intellectual Property
We help you commercialize your intellectual property by connecting you with firms that specialize in assisting small businesses to develop and market products based on their intellectual property. Our goal is to provide you with access to resources that can help you take your product to the next level. To ensure our clients are receiving quality service, we track the performance of the firms we recommend and seek feedback from our clients regarding their experiences.
To help you put your intellectual property to successful commercial use, we maintain relationships with firms specializing in:
- Prototype development;
- Computer animations;
- Small-scale manufacturing;
- Domestic and overseas sourcing; and
- Product development consulting.
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Business Formation Package
Our attorneys establish legal business entities tailored to your specific situation to serve as a vehicle for generating revenue from your intellectual property. The right business entity provides important safeguards, such as shielding your personal assets from liabilities incurred in the course of business. Our Business Formation Package makes it easy and affordable for you to establish a platform from which to safely and professionally generate revenue and manage intellectual property.